4 min
Bank of Japan poised to lift rates to 31-year high as inflation risks build
The Bank of Japan is expected to raise its benchmark interest rate to a 31-year high, signalling a …
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4 min
UK Mortgage Costs Climb as US Treasury Yields Push Rates to 7.17%
Rising US Treasury yields are driving mortgage rates to 7.17%, making home buying a luxury for many. The …
4 min
Oil Prices Edge Higher as Middle East Conflict Widens and Disruptions Mount
Crude prices have risen modestly as an expanding conflict in the Middle East threatens supply routes and infrastructure, …
5 min
Brent Crude Trades at $106.57 as Oil Prices Surge 57% Year-on-Year
Brent crude is trading at $106.57 per barrel, down $3.85 from yesterday but up 57% on the year, …
4 min
US 10-Year Treasury Yield Tops 5% as Debt Watchdogs Warn of Spiral
The benchmark 10-year Treasury yield has breached 5% for the first time in months, intensifying warnings from budget …
4 min
UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion
A UK oil and gas industry group has told the Treasury that bringing forward changes to the North …
5 min
UK Gas Prices Ease From 2023 Peaks as Shipping Risks and Low Storage Weigh on Market
British and European wholesale gas prices have retreated from last year's highs, with shipping disruptions and weak storage …
3 min
Asian Stocks Steady as AI Rebound Offsets Oil, Rate and Bond-Market Pressure
Asian equities held their ground as a rebound in artificial-intelligence shares countered pressure from rising oil prices, interest-rate …
5 min
Oil Prices Climb as Saudi Pipeline Attack Tightens Global Supply
Saudi Arabia has shut its East-West pipeline after an attack, removing a critical export route and pushing oil …
5 min
Oil Price Surge Pushes US Bond Yields Past 5% as Fed Prepares Rate Hike
The 10-year Treasury yield briefly topped 5% for the first time since 2023 as spiking oil prices and …
5 min
Bitcoin and Ether Hold Steady as Fed Rate-Hike Expectations Mount
Cryptocurrency prices are attempting to stabilise as investors brace for a possible Federal Reserve base-rate increase at this …
4 min
Goldman Sachs Lifts Gilt Yield Forecast as Energy Prices Delay Rate Cuts
Goldman Sachs has raised its forecast for UK government bond yields, warning that higher energy prices will keep …
4 min
Half of Americans Earning Over $155,600 Now Call Themselves Working Class
A new Pew Research Center analysis finds 60% of US adults identify as working class, with half of …
5 min
Goldman Sachs and JP Morgan now expect a September Fed rate hike
Two of Wall Street's most influential banks have told clients to prepare for another increase in US borrowing …
4 min
Oil Price Spike Threatens to Revive Recession Fears
A fresh surge in crude prices could reignite recession worries in Britain and other major economies, as policymakers …
5 min
Cramer Warns of 25% Consumer Surtax Imposed Without Congressional Vote
US broadcaster Jim Cramer has claimed that a 25% surtax has been added to everyday purchases without a …
5 min
Trump Presses Fed for World's Lowest Interest Rate Ahead of Policy Meeting
US President Donald Trump has called for the United States to have the world's lowest interest rate, intensifying …
4 min
UK Mortgage Rates Surge as Lenders Reprice Home Loans
Mortgage and refinance rates climbed sharply over the past week, pushing up borrowing costs for homebuyers and homeowners …
4 min
Saudi Pipeline Outage Threatens Global Oil Supply and Pump Prices
A major pipeline failure in Saudi Arabia has knocked out a significant share of global oil supply, raising …
4 min
Investors Brace for Possible Rate Hike at Uncertain Fed Meeting
Markets are positioning for a possible interest rate increase as the Federal Reserve meets under unusually uncertain conditions, …